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O&M
STX OSV (MS7) wins Nok 200m deal to build forage carrier that transports fish feed to fish farms. With this newest contract, Co's order wins for the year come in at an estimated Nok 10.5b vs FY10 of Nok12.5b, and ahead of initial expectations in 2Q11. Note that it’s orderbook current stands at Nok 17.5b, underpinning earnings visibility till 2014.
Comment: This is one to look out for as the market recovers
Sources: Bloomberg, Reuters, WSJ, The Business Times, Analyst Reports, Company Announcements
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